LAKE ISLAND RIFLE & PISTOL CLUB

EIN: 222122956 Human Services

CARTERET, NJ

Total Revenue
$55,641
Total Expenses
$60,682
Total Assets
$667,713
Net Assets
$667,713
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
NJ
Principal Officer
Robin Fox
Phone
7329699817
Tax Period
2024-11-01 to 2025-10-31

LAKE ISLAND RIFLE & PISTOL CLUB, founded in 1938, is a micro nonprofit in the Human Services sector that reported $56K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $668K represent 144 months of operating reserves.

Mission

EDUCATION FOR SAFE HANDLING OF FIREARMS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,995
Program Service Revenue $27,768
Investment Income $7,183
Other Revenue $10,695
TOTAL REVENUE $55,641

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,893
Other Expenses $60,682
TOTAL EXPENSES $60,682

Year-over-Year Comparison

2024 2023 Change
Revenue $55,641 $67,177 -0.2%
Expenses $60,682 $50,507 +0.2%
Net Income $-5,041 $16,670 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
28

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY GALLO PRESIDENT N/A
$0 $0 $0
MICHAEL PAKAY VICE PRESIDENT N/A
$0 $0 $0
ROBIN FOX TREAS. N/A
$0 $0 $0
ROBERT LUBAN SEC N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $55,641 $60,682 $667,713 $-5,041
2024 $67,177 $50,507 $611,767 $16,670
2023 $60,801 $43,642 $514,169 $17,159
2022 $420,578 $53,296 $497,010 $367,282
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